Jefferies & Co.'s Investment Technology Group (ITG), Bridge Information Systems Inc. and the AZX Inc. (the Arizona Stock Exchange) have taken steps to more closely link their respective systems.
As a result of the agreement, investment managers will be able to send orders to both the AZX and ITG's Posit via Bridge terminals by the end of the year.
The deal follows the launch about a month ago of a facility to route orders from ITG's QuantEX terminals to the AZX. Posit is Jefferies' crossing
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails